Traction Equipment Industry: Future Demand, Market Analysis & Outlook Traction Equipment Market - Global Industry Analys | Page 2

market including company market share analysis and the profiles of key market
participants.
The report provides a comprehensive view of the traction equipment market by
segmenting the market along the lines of equipment type and geography. The
equipment type segment comprises the traction transformer, traction motor, and
traction converter sub-segments. The traction system is the primary driving force of
locomotives. In railway systems, it is supplemented by equipment such as
controllers, rectifiers, blowers, compressors, and other auxiliary systems. Traction
motors are widely used in all types of locomotives. Transformers and converters are
also used in the electrification of railway lines. The requirement of traction motors,
traction transformers, and traction convertors differs depending upon the type of
locomotive, electrification system, and terrain suitability.
The traction equipment market has been segmented on the basis of geography into
North America, Europe, Asia Pacific, and Rest of the World. The Rest of the World
segment includes Latin America, the Middle East, and Africa. Demand for each type
of traction equipment in terms of volume and cumulative revenue for each of these
regions has been forecast in the report for the period from 2016 to 2024. The report
also contains detailed analysis of some major countries in the traction equipment
market, such as the U.S., China, India, Brazil, Germany, Spain, and Russia.
Leading manufacturers profiled in the report include ABB Ltd., Alstom SA, American
Traction Systems, Bombardier Inc., Caterpillar Inc., Crompton Greaves Limited,
Siemens AG, General Electric Company, Kawasaki Heavy Industries, Ltd., Mitsubishi
Electric Corporation, VEM Group, Toshiba International Corporation, and TTM Rail -
Transtech Melbourne Pty Ltd. These companies have been profiled in detail with
features such as company overview, financial overview, business strategies,
employee strength, and recent developments.
Get accurate market forecast and analysis on the Traction Equipment
market. Request a sample to stay abreast on the key trends impacting this
market.
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Traction Equipment Market – Equipment Type Segment Analysis
Traction Transformer
Traction Motor
Traction Converter
Traction Equipment Market – Regional Analysis